Howard County Real Estate, Montgomery County Real Estate , Carroll County Real Estate, Maryland Real Estate: Kittleman Realty Group » Howard County

Columbia, Maryland 21045 Real Estate Sales Since July 1, 2010

Tom Yeatts — Sat, 05 Feb 2011 23:48:19 +0000

The following link will take you to a printer-friendly version of information on all homes sold in the Columbia, Maryland (21045) ZIP code since July 1, 2010.

Columbia Maryland 21045 Sales Since July 1, 2010

To find out how much your home is worth, call us at 301-785-5889 or contact us today!

Columbia, Maryland 21044 Real Estate Sales Since July 1, 2010

Tom Yeatts — Sat, 05 Feb 2011 23:46:32 +0000

The following link will take you to a printer-friendly version of information on all homes sold in the Columbia, Maryland (21044) ZIP code since July 1, 2010.

Columbia Maryland 21044 Sales Since July 1, 2010

To find out how much your home is worth, call us at 301-785-5889 or contact us today!

Ellicott City, Maryland 21043 Home Sales Since July 1, 2010

Tom Yeatts — Sat, 05 Feb 2011 23:44:13 +0000

The following link will take you to a printer-friendly version of information on all homes sold in the Ellicott City (21043) ZIP code since July 1, 2010.

Ellicott City Maryland 21043 Sales Since July 1, 2010

To find out how much your home is worth, call us at 301-785-5889 or contact us today!

West Friendship, Maryland Home Sales Since July 1, 2010

Tom Yeatts — Sat, 05 Feb 2011 23:39:47 +0000

The following link will take you to a printer-friendly version of information on all homes sold in the West Friendship, Maryland (21794) ZIP code since July 1, 2010.

West Friendship Maryland 21794 Sales Since July 1, 2010

To find out how much your home is worth, call us at 301-785-5889 or contact us today!

Howard County Real Estate Market Stats – May 2010

Tom Yeatts — Mon, 21 Jun 2010 19:22:14 +0000

Howard County, MD
Real Estate Market Statistics

May 2010 Summary:

Statistic	Values	YoY	MoM
Total Sold Dollar Volume	117,117,288	+31.60%	+19.99%
Total Sales	299	+28.33%	+18.65%
Median Sold Price	342,500	-3.52%	+0.88%
Avg Sold Price	391,697	+2.55%	+1.12%
Avg Days on Market	72	-38.98%	-1.37%
Avg Sold to Avg List Ratio	93.63%	+2.06%	-0.5%

Source: RBI

Howard County Real Estate Sales, January 2010

Tom Yeatts — Mon, 22 Feb 2010 17:21:53 +0000

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator – <$30K to >$500K Format

Howard County, MD
From: 01/01/2010 to 01/31/2010 Statistics generated on: 02/09/2010

	Residential Unit Sales Number of Bedrooms				Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop and Ground Rent	Residential	Condo Coop and Ground Rent	of Units Sold (No. of Units)
Under $30,000	0	0	0	0	1	2	1 -30 Days	45
$30,000-$39,000	0	0	0	0	0	0	31-60 Days	33
$40,000-$49,999	0	0	0	0	0	1	61 – 90 Days	16
$50,000-$59,999	0	0	0	0	0	3	91-120 Days	8
$60,000-$69,999	0	0	0	0	0	1	Over 120 Days	41
$70,000-$79,999	0	0	0	0	0	1	Total	143
$80,000-$89,999	0	0	0	0	0	0
$90,000-$99,999	0	0	0	0	0	1	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	0	0	0	1	4	4	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	0	0	0	0	1	24	Conventional	88
$140,000-$159,999	0	2	0	3	7	18	FHA	32
$160,000-$179,999	1	0	1	0	11	28	VA	9
$180,000-$199,999	1	1	0	0	22	16	Assumption	4
$200,000-$249,999	0	8	1	9	64	50	Cash	8
$250,000-$299,999	2	14	1	2	93	33	Owner Finance	0
$300,000-$399,999	0	22	11	4	188	25	All Other	2
$400,000-$499,999	0	3	14	6	170	16	Unreported	0
Over $500,000	0	2	33	1	510	8	Total	143
Totals	4	52	61	26	1071	231
Grand Totals	143				1302

	2010	2009	% Change
Total Sold Dollar Volume:	$ 56,156,758	$ 43,037,018	30.48 %
Average Sold Price:	$ 392,705	$ 361,656	8.59 %
Median Sold Price:	$ 370,000	$ 307,300	20.40 %
Total Units Sold:	143	119	20.17 %
Average Days on Market:	100	135	- 25.93 %
Average List Price for Solds:	$ 427,450	$ 402,867	6.10 %
Avg Sale Price as a percentage of Avg List Price:	91.87 %	89.77 %

Total Number of NEW listings
taken for the month:	351
Total Number of Properties
marked Contract for the month:	140
Total Number of Properties
marked Contingent for the month:	88
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	228

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2010 – Information deemed reliable, but is not guaranteed.

Let’s Do The Numbers – MoCo and HoCo, October 2009

Tom Yeatts — Thu, 12 Nov 2009 22:46:08 +0000

The stats are in for October. Like pretty much every month lately, it’s good news and bad news. Let’s start with the good stuff!

Sales volume is UP about 40% in Montgomery and Howard Counties. So people *are* buying homes. That’s the good news.

The question is: what are people buying? It’s certainly NOT expensive homes. There were a mere 247 sales in all of Montgomery County priced above $500,000 last month (26.2% of the total sales), compared with 695 sales under $500k. In Howard, 53 sales topped the $500,000 mark (or 19.9%)., while 214 sold for under $500k.

While sales volume is up, prices remain flat. The median sale price is down 10.8% in Montgomery to $330,000. In Howard the median price fell 8.5% to 325,000. (The median sale price is the price at which half the houses sold for more, and half sold for less.)

Days on market is down significantly from last year in both MoCo and HoCo, to right at 80 days on average in both counties. This is about a 30% reduction in selling time in both counties.

Nationally, rehab and investor loan volume is up. Given these statistics, it’s clear that distressed properties, sold at a discount, are being removed from inventory.

Active listings are heading down in a seasonal pattern; however, even taking seasonality into account, the available inventory has decreased significantly. Sales volume is up, again looking beyond the seasonal variations. These two trends, decreased inventory and increased sales, bode well for market stabilization. Barring any major shock to the system (shadow REO inventory being dumped on the market, prolonged economic woes, etc.), the trend appears to be one toward stabilization of prices.

Howard County Real Estate Statistics, October 2009

Tom Yeatts — Thu, 12 Nov 2009 11:45:10 +0000

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator – <$30K to >$500K Format

Howard County, MD
From: 10/01/2009 to 10/31/2009 Statistics generated on: 11/09/2009

	Residential Unit Sales Number of Bedrooms				Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop and Ground Rent	Residential	Condo Coop and Ground Rent	of Units Sold (No. of Units)
Under $30,000	0	0	0	1	2	1	1 -30 Days	121
$30,000-$39,000	0	0	0	0	0	1	31-60 Days	45
$40,000-$49,999	0	0	0	1	0	1	61 – 90 Days	27
$50,000-$59,999	0	0	0	0	0	0	91-120 Days	13
$60,000-$69,999	0	0	0	0	0	0	Over 120 Days	61
$70,000-$79,999	0	0	0	0	0	1	Total	267
$80,000-$89,999	0	0	0	0	0	1
$90,000-$99,999	0	0	0	0	0	4	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	0	0	0	0	1	7	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	0	0	0	1	1	15	Conventional	126
$140,000-$159,999	0	1	1	2	5	13	FHA	97
$160,000-$179,999	1	2	0	7	8	17	VA	12
$180,000-$199,999	1	4	0	5	16	26	Assumption	9
$200,000-$249,999	2	11	1	24	72	59	Cash	18
$250,000-$299,999	5	27	8	2	100	33	Owner Finance	0
$300,000-$399,999	0	32	25	7	228	41	All Other	5
$400,000-$499,999	1	10	26	6	189	23	Unreported	0
Over $500,000	0	2	48	3	628	7	Total	267
Totals	10	89	109	59	1250	250
Grand Totals	267				1500

	2009	2008	% Change
Total Sold Dollar Volume:	$ 99,738,247	$ 79,982,061	24.70 %
Average Sold Price:	$ 373,551	$ 418,754	- 10.79 %
Median Sold Price:	$ 325,000	$ 355,000	- 8.45 %
Total Units Sold:	267	191	39.79 %
Average Days on Market:	79	110	- 28.18 %
Average List Price for Solds:	$ 400,485	$ 455,726	- 12.12 %
Avg Sale Price as a percentage of Avg List Price:	93.27 %	91.89 %

Total Number of NEW listings
taken for the month:	441
Total Number of Properties
marked Contract for the month:	192
Total Number of Properties
marked Contingent for the month:	105
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	297

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.

Howard and Montgomery County Real Estate – Behind the Numbers

Tom Yeatts — Fri, 16 Oct 2009 01:42:21 +0000

The reports are in for HoCo and MoCo, and it’s always interesting to look at them individually, and then see how they compare. Here’s the important stuff:

Montgomery is still taking a harder hit than its neighbor to the north, with a larger decline in median sale price (5.7 percent, compared to 1.4% for HoCo). But some people clearly think there are some deals in Montgomery, with volume picking up by a solid 11.9% over this time last year. By comparison, Howard’s sales volume is up only 2 percent.

Days on market are down across the board, with Montgomery showing the biggest decline in DOM (a 17% drop in days on market to an average of 83).

Howard is getting a bit closer to asking price at the time of sale, 93.3% to Montgomery’s 91.5%. This is consistent with the increase in volume; it appears that more sellers are making a deal in MoCo, and in this market, that means accepting a slightly lower price.

It’s still a buyer’s market out there, unless you’re a first time homebuyer looking at homes under $300,000. With the $8,000 Federal Tax Credit, we’re seeing a spike in sales activity and many multiple offer situations in that price range. Time is running out, so if you’re looking to score that tax credit, you should already be out house shopping!

Here are the actual numbers:

Howard County

Avg Sold Price – $389,375 – down 9.83%
Median Sold Price – $350,000 – down 1.41%
246 units sold – up slightly over last September, by 2%
Days on market – down 10% to 90 days average
Sellers are getting, on average, 93.3%, up from 91.9% of list price last September. over one full percent better.

Montgomery County

Avg Sold Price – $412,795 – down 9.88%
Median Sold Price – $330,000 – down 5.71%
859 units sold – way up from last September, by a solid 11.9%
Days on market – down 17% to 83 days average
Sellers are getting, on average, 91.5%, of list price, about the same as last September’s number of 91.3% of list.

Howard County Real Estate Statistics, September 2009

Tom Yeatts — Tue, 13 Oct 2009 17:52:51 +0000

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator – <$30K to >$500K Format

Howard County, MD
From: 09/01/2009 to 09/30/2009 Statistics generated on: 10/07/2009

	Residential Unit Sales Number of Bedrooms				Active Listings		Time on Market
Price Class	2 Or Less	3	4 or More	Condo Coop and Ground Rent	Residential	Condo Coop and Ground Rent	of Units Sold (No. of Units)
Under $30,000	0	0	0	0	2	2	1 -30 Days	96
$30,000-$39,000	0	0	0	0	0	2	31-60 Days	39
$40,000-$49,999	0	0	0	0	0	2	61 – 90 Days	37
$50,000-$59,999	0	0	0	0	0	0	91-120 Days	18
$60,000-$69,999	0	0	0	1	0	0	Over 120 Days	56
$70,000-$79,999	0	0	0	2	0	1	Total	246
$80,000-$89,999	0	0	0	0	0	1
$90,000-$99,999	0	0	0	0	0	4	Type of Financing of Units Sold (No. of Units)
$100,000-$119,999	0	1	0	1	0	5	Type of Financing of Units Sold (No. of Units)
$120,000-$139,999	1	0	0	0	1	13	Conventional	125
$140,000-$159,999	0	0	0	1	8	14	FHA	75
$160,000-$179,999	0	1	0	2	6	15	VA	16
$180,000-$199,999	0	2	0	4	19	28	Assumption	13
$200,000-$249,999	8	7	4	12	66	63	Cash	16
$250,000-$299,999	3	22	7	6	109	33	Owner Finance	0
$300,000-$399,999	0	45	17	6	240	47	All Other	1
$400,000-$499,999	0	10	22	6	203	22	Unreported	0
Over $500,000	0	1	53	1	638	6	Total	246
Totals	12	89	103	42	1292	258
Grand Totals	246				1550

	2009	2008	% Change
Total Sold Dollar Volume:	$ 95,786,226	$ 104,073,201	- 7.96 %
Average Sold Price:	$ 389,375	$ 431,839	- 9.83 %
Median Sold Price:	$ 350,000	$ 355,000	- 1.41 %
Total Units Sold:	246	241	2.07 %
Average Days on Market:	90	100	- 10.00 %
Average List Price for Solds:	$ 417,458	$ 469,816	- 11.14 %
Avg Sale Price as a percentage of Avg List Price:	93.27 %	91.92 %

Total Number of NEW listings
taken for the month:	412
Total Number of Properties
marked Contract for the month:	217
Total Number of Properties
marked Contingent for the month:	122
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS):	339

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2009 – Information deemed reliable, but is not guaranteed.